Receivable is an accounting term associated with the amounts that are owed to the business by other parties, mainly its customers. These are basically the claims that are likely to be acquired in future. These claims stem from selling goods or services on credit. Receivables can also arise when someone lends money to another person. Let’s assume that your friend needs 200 TL cash to buy something. He borrows 200 TL on June 1st and promises to pay it back at the end of the month. You give up cash and, instead, agree with a 200 TL receivable from your friend. The receivable is an asset, but it is not as liquid as cash. A is the right answer.